ZERODHA
UPSTOX
ALICEBLUE

Short Strangle BANKNIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot BANKNIFTY2012331900CE 31900 CE 161 158
Sell 1 lot BANKNIFTY2012331300PE 31300 PE 159 127
Profit (in ₹): 700 INR  |   Max Profit (in ₹): 760 INR  |   Max Loss (in ₹): -20 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 30981 - 32219

Short Strangle NIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot NIFTY2012312450CE 12450 CE 25 24
Sell 1 lot NIFTY2012312250PE 12250 PE 34 24
Profit (in ₹): 825 INR  |   Max Profit (in ₹): 825 INR  |   Max Loss (in ₹): -225 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 12191 - 12509